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Tuesday, December 24, 2024

Los Angeles County home prices fall in January 2023 compared to January 2022

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In January 2023, the median sale price of a home in Los Angeles County fell by $142,000 from the same period in the previous year, while total sales increased by 111.3%, according to BlockShopper.com.

Data shows that there were 319 homes sold in January 2023, with a median sale price of $780,000 - a 15.4% decrease from the $922,000 median sale price for the same period of the previous year. There were 151 homes sold in Los Angeles County in January 2022.

The following histogram displays changes in median sales prices in Los Angeles County from January 2022 to January 2023.

January 2022February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023$922,000$922,000$917,500$917,500$915,000$915,000$950,000$950,000$780,000$780,000$862,500$862,500$860,000$860,000$845,000$845,000$850,000$850,000$835,000$835,000$826,500$826,500$810,000$810,000$780,000$780,000

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